Strategically positioned in one of Brunswick Street's most coveted enclaves, this bold and spacious retail investment is centrally located on arguably the best part of Brunswick Street.
The key attributes of this property include:
- Spacious prime retail property with a wide (5.9m) frontage to Brunswick Street
- Land Area: 162 sqm approx.
- 5-year lease from 10th August 2021 with no further options
- Secure Tenant with strong retail experience and online presence
- Strong holding income of $70,800* net pa. on a 5-year lease (commenced Aug-2021)
- Fixed annual 2.5% rental increases
- Iconic retail tenant: Vintage Sole who have a strong brand presence in Melbourne
- Rear access roller door via laneway
- Fantastic exposure to the street & passing traffic
- Unrivalled opportunity in Fitzroy's most vibrant and sought-after retail precinct
- Commercial 1 Zone
Please be in touch with Benjamin Klein 0433 047 000 or Graham Hicks 0423 009 900 for a private inspection